# PPP loan: MONTALBANO PROPERTIES INC.
> **$594K** approved 04/14/2020 · Paid in Full · Loan `6489707103`
## Borrower
- **Name:** MONTALBANO PROPERTIES INC.
- **Address:** 52 Old Dock Rd, Yaphank, NY, 11980-9701
- **NAICS:** 445230
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $594K
- **Initial approval:** $594K
- **Forgiven:** $601K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $594K
- **Jobs reported:** 40
## Lender
- **Originating:** Flushing Bank
- **Servicing:** Flushing Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*